86R14261 MEW-F
By: Taylor S.B. No. 2306
A BILL TO BE ENTITLED
AN ACT
relating to a presentation by the commissioner of insurance on the
National Association of Insurance Commissioners accreditation
process and participation in the National Conference of Insurance
Legislators.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Subchapter A, Chapter 31, Insurance Code, is
amended by adding Section 31.008 to read as follows:
Sec. 31.008. PARTICIPATION IN NATIONAL CONFERENCE OF
INSURANCE LEGISLATORS. The department shall pay annually from
department funds the costs of:
(1) the state's membership in the National Conference
of Insurance Legislators; and
(2) full participation in the National Conference of
Insurance Legislators by the chairs and ranking members of the
standing committees of the senate and the house of representatives
with primary jurisdiction over insurance or finance.
SECTION 2. Subchapter B, Chapter 31, Insurance Code, is
amended by adding Section 31.029 to read as follows:
Sec. 31.029. PRESENTATION ON NATIONAL ASSOCIATION OF
INSURANCE COMMISSIONERS ACCREDITATION PROCESS. (a) Except as
provided by Subsection (e), during the first year of each state
fiscal biennium, the commissioner shall provide to each standing
committee of the senate and the house of representatives with
primary jurisdiction over insurance, or if determined by rules of
those standing committees, each standing committee of the senate
and the house of representatives with primary jurisdiction over
finance, a presentation regarding the accreditation process for the
National Association of Insurance Commissioners.
(b) The presentation must:
(1) provide an overview of the role of delegation of
legislative authority for policy development in the National
Association of Insurance Commissioners accreditation process;
(2) explain how state laws incorporate National
Association of Insurance Commissioners accreditation standards or
incorporate rules, standards, and processes by reference, and
provide citations to those laws;
(3) identify in a separate format each provision of
law that may authorize future changes by the National Association
of Insurance Commissioners to be adopted without additional
authorization by the legislature, highlighting any future
delegation authority in the laws or rules of this state; and
(4) provide an overview of the minimum National
Association of Insurance Commissioners accreditation standards
relating to:
(A) laws and regulations;
(B) regulatory practices and procedures; and
(C) organizations and personnel practices.
(c) The overview presented under Subsection (b)(4) must
include:
(1) summaries of the specific laws and rules that the
accreditation standard specifies;
(2) the intended purpose of each accreditation
standard;
(3) the date that the accreditation standard was
adopted by the National Association of Insurance Commissioners and
the date that the standard was adopted in this state; and
(4) any change to the accreditation standards since
the last presentation to the legislature.
(d) The commissioner may make the presentation at a joint
hearing of the applicable committees under Subsection (a).
(e) Instead of providing the presentation required under
Subsection (a), the department may coordinate with the National
Association of Insurance Commissioners to conduct a training
session that contains the same information required under
Subsection (b) that is specific to the laws of this state during a
National Association of Insurance Commissioners meeting.
(f) If the department exercises the option under Subsection
(e), the department shall pay from funds the costs associated with
registration and reimbursement for reasonable food, travel, and
lodging for two committee members from the standing committee of
the senate with primary jurisdiction over insurance, two committee
members from the standing committee of the house of representatives
with primary jurisdiction over insurance, and one committee member
from the standing committee of each chamber with primary
jurisdiction over appropriations to attend the meeting.
SECTION 3. The commissioner of insurance shall provide the
first presentation required under Section 31.029, Insurance Code,
as added by this Act, not later than September 1, 2020.
SECTION 4. This Act takes effect September 1, 2019.